non physical import of drawings and designs.

[SANTHANA KRISHNAN]

kindly clarify:

apart from GST @ 18%, any tax is to be paid whilst making payment to the Overseas supplier for the import of designs and drawings thru digital form.(no physical import).

regards

J Ramamurthy

7299162725

AI Summary

Tax Query: No Additional Taxes on Digital Import of Designs Beyond 18% GST, Unless Royalties Involved A query was raised regarding the taxation on the non-physical import of designs and drawings through digital means, specifically if any taxes other than the 18% GST apply. Yagay and Sun responded that no additional taxes are required unless a royalty is involved, which would incur GST. Kasturi Sethi suggested consulting an expert, Kishan Barai, who confirmed that no other taxes are applicable. Dr. Mariappan Govindarajan agreed with Yagay and Sun's assessment. The discussion concluded with consensus on the tax implications.